Sandhills Global released its June market reports on July 7. Despite a 2.69% month-over-month decrease and a 6.48% year-over-year decrease in June, used combine inventories are trending sideways, according to the report.
Asking prices on the other hand are trending upward, posting a modest month-over-month decline of 1.07% and a 0.04% year-over-year increase in June.
Auction values decreased by 2.65% month-over-month, were up 6.78% year-over-year, and are trending up.
The EVI spread for used combines increased to 44%, remaining lower than the peak values observed in 2015, Sandhills Global says.
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